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EP78: Behind the Scenes w/ EOS42 and the Chintai Delegation Platform

This is the first episode in a series of interviews with EOS Block Producer candidates. These are basically the "miners" of the EOS blockchain which will be launched early June 2018.

Today’s guest is David Packham, co-founder of EOS42, a block producer candidate based in London. He and his team are currently building an EOS delegation market to facilitate EOS-based token leasing in hopes of building trust and earning the votes required to become an EOS block producer. If you aren’t sure what that means, this episode is for you.

EOS is a “generation 3 blockchain” which is set to launch in early June 2018. It’s creator, Dan Larimer (@bytemaster7), has previously built two other successful blockchain projects, Bitshares and Steem, both which use the Delegated Proof of Stake blockchain technology.

I also recommend checking out EOS Go for the latest news and telegram summaries from the various EOS groups online: https://busy.org/@eosgo

Much of this discussion focuses on many aspects of EOS as a token, a blockchain and a community. From how inflation is used, to the resource mechanics of the EOS token, a little EOS vs ETH and detailing the unique governance system in place to help settle disputes rather than relying on hard forks.

Although we get a bit technical and philosophical at times, I believe this conversation will appeal to both the casual and advanced crypto listener.

David and I chat briefly about his background in finance to how he found cryptocurrencies and why he’s dedicating his time to the EOS community and hopefully become a block producer. If you don’t know what a block producer is, don’t worry and tune in.

We wrap up by discussing the Chintai, the EOS42 Teams token delegation project which allows for dApp teams to essential lease tokens to gain access to the EOS resource pool (bandwidth and storage) so that they can satisfy the requirements of their applications. Leasing would be done in lieu of actually purchasing the EOS tokens. Why would this market exist and what are the incentives? We discuss and answer these questions and much more.